SA fintech market forecast to reach R340bn by 2030

SA fintech market forecast to reach R340bn by 2030

South African fintech borrowers are concentrated in below prime risk tiers. South Africa’s fintech market is projected to reach $19.5 billion (R340 billion) by 2030, signalling a major shift in how consumers engage with credit. This is according to TransUnion’s latest research into SA’s fintech lending market, which reveals insights into borrower behaviour, loyalty and…

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